Drinks: latest news, insights and analysis | ESM Magazine

Coca-Cola Raises Full-Year Revenue And Profit Forecasts

The Coca-Cola Company has raised its annual revenue and profit forecasts, betting on higher pricing and resilient demand for its soda brands.

Coca-Cola HBC Lifts Profit Expectations For Full-Year

Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year.

New IGD Forecast: Food Price Inflation To Ease Off, Slowly

Food price inflation is believed to have peaked at +19.1% year-on-year in the first quarter of 2023, which is broadly in-line with IGD’s previous for...

How Can Food And Drinks Companies Adapt To Rising Currency Volatility?

Amidst rising currency volatility, Jason Gaywood, head of corporate solutions at FX-as-a-service provider MillTechFX, discusses the importance of FX risk m...

Heineken Marks 150th Anniversary With New Packaging, Campaign

Heineken has unveiled new packaging to mark its 150th anniversary, with the 'Heineken' logo reformatted as 'He150ken'.

Diageo CEO-Designate Debra Crew Takes Charge At Drinks Giant

Diageo, the world's biggest spirits company, said CEO-designate Debra Crew is assuming the top role on an interim basis immediately as Ivan Menezes undergo...

Rémy Cointreau Sees Annual Profit Up 16.2%, Sticks To Outlook

French spirits group Rémy Cointreau reported a higher-than-expected 16.2% organic rise in operating profit for its 2022/23 fiscal year, and stuck to...